Mike Norman Economics

Renowned French security expert Paul Barril has let loose a bombshell: the existence of Operation Beluga, a covert Western intelligence scheme intended to undermine Russia and its leaders. Is that what's behind much of the threatening rhetoric now going back and forth between the US and Russia?Barril exposed Operation Beluga in a recent interview with Swiss businessman Pascal Najadi on the 2006 Alexander Litvinenko death case. Litvinenko was a reputed former spy who many believe was murdered...

Landmark research proves that the US-led ‘war on terror’ has killed as many as 2 million people, but this is a fraction of Western responsibility for deaths in Iraq and Afghanistan over the last two decades Last month, the Washington DC-based Physicians for Social Responsibility (PRS) released a landmark study concluding that the death toll from 10 years of the “War on Terror” since the 9/11 attacks is at least 1.3 million, and could be as high as 2 million. The 97-page report by the...

MMT gets a mention right at the top of the list.Huff PostThese 5 Rebel Movements Want To Change How Money Works Brett Scott

The One Percent have found a pressing need for the services of mainstream economists Here he is, my favourite, the lovely Michael Hudson, with a very easy to read article. This is about half of it. Kevin Vincent. To paraphrase Mark Twain, everyone complains about inequality, but nobody does anything about it. What they do is to use “inequality” as a takeoff point to project their own views on how to make society more prosperous and at the same time more equal. These views largely depend...

Cash assets going the wrong way in here.... should be experiencing a consistent reduction... creating asset price volatility...

As far as I'm concerned this is essential viewing. Tulsi Gabbard says she and thousands of others joined the military to go get Al-Qaeda after 9/11, but now, after many years and endless wars, with millions of people left dead, the U.S. is protecting Al-Qaeda in Syria and the other head chopping terrorists there. Al-Qaeda are now stronger than ever, she says.Tulsi Gabbard introduced a bill to stop American tax payer's money funding terrorist groups, but it never received one vote in...

Jimmy Dore catches onto MMT. It's quite a good interview where Stephanie Kelton explains how government deficits invest into the economy increasing economic activity which eventually pulls in more taxes which decreases the deficit. Jimmy Dore then asks why does the government ever have to borrow money, and Stephanie Kelton says it doesn't have to, and the interest paid on government bonds are just a free handout to the investment class. It has been mentioned here at MNE's that government...

ReutersChinese official says China is educating, not mistreating, Muslims Tom Miles and Stephanie NebehayPOLITICOManafort’s pro-Ukraine lobbying campaign reached Obama, Biden Marianne Levine RTRT editor-in-chief’s exclusive interview with Skripal case suspects Petrov & Boshirov (TRANSCRIPT) Craig Murray Blog Lynch Mob Mentality The Strange Russian Alibi Craig Murray, formerly British ambassador to Uzbekistan and Rector of the University of DundeeTom LuongoRussia Raises Rates to...

This year’s conference of the International Initiative for the Promotion of Political Economy (IIPPE) in Pula, Croatia had the theme of The State of Capitalism and the State of Political Economy. Most submissions concentrated on the first theme although the plenary presentations aimed at both.... Michael Roberts BlogThe state of capitalism at IIPPEMichael Roberts

Good article on Minsky from an MMT understanding.Multiplier EffectMinskyan Reflections on the Ides of SeptemberJan Kregel | director of research at the Levy Economics Institute, director of the Levy Institute master’s program in economic theory and policy, head of the Institute’s Monetary Policy and Financial Structure program, and professor of development finance at Tallinn University of Technology